(b) Describe the principal audit work to be performed in respect of the useful lives of Sh

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(b) Describe the principal audit work to be performed in respect of the useful lives of Shire Oil Co’s rig platforms.

(6 marks)

参考答案:

(b) Principal audit work – useful life of rig platformsTutorial notes: The platforms are just one item of each rig. Candidates should not be awarded marks here for the mattersto be considered in the assessment of useful lives (since this is illustrated in

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